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priorities. how much political capital energy was spent on health care and other things. the question is, how do you strike that balance and you see that balance changing at the go forward into the next four years? >> let me complicate your question by saying about the balance between short-term and the immediate and long-term things that matter for the strength of the economy. it is important to recognize that as we get to this next stage of this fiscal reform debate, you have to think about this not just about how you bring this deficit down gradually to the point where there sustainable. you have to think about this and the terms of what can you do to improve the long-term growth perspective of the american economy. there are a set of things we have to do in and for structure and education just to name two. that are very important to the growth potential of this country and not very expensive. if we sacrifice those objectives in the interest of getting more fiscal restraint more quickly, we will do a lot of damage. i would encourage people to look at -- we want to look at things that are g
welcome your ideas, energy, and enthusiasm. we wish you every success in your time here. i want to congratulate the president and the vice president on their hard fought victory last week. i like to say a brief word the thanks to our own nominees, governor romney and congressman ryan. they may not have won the race, but htey earned our respect and admiration. they fought valiantly for the cause of limited government, free enterprise, opportunity for all, and a stronger social safety net that is there when people need it most. they fought for the kind of constitutional conservatism americans believe in so very strongly. their lost says nothing to diminish the importance of these enduring principles or our commitment to keep fighting for them. we thank them. we thank their families for making the sacrifices in the presidential campaign demands. i want to assure everyone the cause goes on. on ot the task at hand -- in politics, there is always a temptation among those who win office to think they have a mandate to do what they will. it is the important to remember in this case the
to contaminated steroid injections in massachusetts. tomorrow, the house energy committee looks into the outbreak. bringing its eli starting at 10:00 a.m. eastern on c-span3 and c-span radio -- it to you live starting at 10:00 a.m. eastern on c-span3 and despair radio. >> watch book tv online ive tomorrow, streaming video from the national book awards in new york city and red carpet interviews with finalists. all online, live tomorrow at 6:00 p.m. eastern. add your comments on facebook.com/booktv. >> secretary geithner spent tuesday at the annual wall street journal ceo council meeting. this is a half hour. >> ladies and gentlemen, the treasury secretary of the united states, tim geithner. [applause] the people in this room, we polled them before you got there, by two to one we do not expect a deal before we hit the fiscal cliff. there is a bit of a highlighting of the dominican republic, which we have not figured out. [laughter] i think there is a lot of anxiety in this room about the fiscal cliff. do you think we will go over it, or are you confident they will deal with the other side before we
, and clean energy, putting people back to work rebuilding roads, bridges and schools and reducing our deficit in a balanced and responsible way. on this last item, we face a very clear deadline. that requires us to make some big decisions on jobs, taxes, and deficits by the end of the year. both parties voted to set this deadline. and i believe that both parties can work together to make these decisions in a balanced and responsible way. yesterday, i had a chance to meet with labor and civic leaders for their input. today i meet with c.e.o.'s of some of america's largest companies. and i'll meet with leaders of both party of congress before the week is out because there's only one way to solve the channels and that is to do it together. as i've said before, i'm open to compromise and i'm hope to new ideas. and i've been encouraged over the last week to hear republican after republican agree on the need for more revenue from the wealthiest americans as part of our arithmetic if we're serious about reducing the deficit. because when it comes to taxes, there are two pathways available. option on
to me and to the other members of the house energy and commerce committee subcommittee on energy and environment. a's testified may 4, 2010, at closed-door said giving the briefing on the bp spill. he was apparently responsible for other information subsequently provided to the subcommittee about the size of the spill. according to the plea agreement, and i quote, "as part of this plea agreement, bp has admitted that, throughout rainey, it withheld documents and provided false and misleading information in response to the united states house of representatives request for full rate information. among other things, bp admitted that he manipulated internal estimates to understate the amount of oil flowing from the well and withheld data that contradicted bp's public estimate of 5,000 barrels per day. bp has also admitted that, at the same time rainey was preparing his manipulated estimates, bp's internal engineering response teams were using methods that generated significantly higher estimates. the flow rate technical group later concluded that more than 60,000 barrels per day wer
movement in prices. the focus from my part of the world has been on relative prices, the price of energy, food. the level of inflation has been quite low. the division that we have is that the federal reserve is most focus on policies related to inflation. they have been addressing the situation quite well. >> if the president called you and said, i know what our economy is doing, but i do not know what the chinese economy is doing because i cannot understand their numbers? , what would you tell the president about the growth rate in china? >> that is a good question. cliff is a growing as 7%, 6.5%? -- a 7%, 6.5%? >> i have enough trouble focusing on the american economy. china's growth has been slowing down. we need to address some of the balances we have -- imbalances we have with the chinese economy. understanding the numbers, their statistical system is a challenge. >> you are a labor economist and we talked about the unemployment rate. if you are a white male with a graduate degree, what is your chance of being unemployed as opposed to a black teenager? >> certainly much lower relat
to the energy and commerce committee, you are actually lying to all of those people who are now going to bear the pain of the harm which is being done in the gold state region -- the gulf state region. >> thinking back to the time, did you know at the time -- did you have suspicions at the time that lies were being told? >> yes. we had experts who were telling us that they felt that the flow rate was much higher. we had experts who arrived who said that, if they could gain access to this billc -- to the spill cam, they would be able to determine how large the flow rate was. and determine the flow rate being more -- flow rate by being given more access to all of the different angles that the camera made it possible to observe the spill. once that happened, the experts around the country who lack access to that information dramatically -- who had access to that information dramatically increased the damage they thought was being done. it was a exponentially-higher spill rate then they had represented to us on may 4, that they had represented initially in the first week after the spill, and whic
the president said about clean energy jobs. that has been a priority for me, and i look forward to working on those issues as we go forward. so it is about, again, a healthy, fare economy, healthy people, healthy planet, help the politics. you cannot separate the policy from the politics. if you want good -- you cannot celebrate the breadbox from the ballot box. if you want the right policy for america's working families, you must have politics that are fair and enable people who share those values to be effective. so in order to reignite the american dream, that is what we are about, to build ladders of opportunity for those who want to work hard, play by the rules, take responsibility, for small business and entrepreneurship and a strong and thriving middle-class -- we have work to do. i have made a decision to submit my name to my colleagues to once again serve as the house democratic leader. [applause] i am so proud to stand here with you, my sisters. a lot of our friends really wanted to come out here -- this is a girls' morning. any questions? >> was there ever a moment that you cons
Search Results 0 to 8 of about 9 (some duplicates have been removed)